Industrial zone

Last year Quang Ninh publicized master-plans for Hoanh Mo-Dong Van and Mong Cai border economic zones with visions until 2030. The planning is an important foundation for developing Quang Ninh’s border areas.

The Prime Minister agreed the investment package for infrastructure development of the Cam Khe Industrial Park in northern Phu Tho province.

The growth model for economic and industrial zones continues to play a significant role in attracting domestic and foreign direct investment, as well as furthering national development.

Two support industry projects from the Republic of Korea, worth 112 million USD in total, were authorised to land in the Saigon Hi-Tech Park (SHTP) in Ho Chi Minh City on December 17.

The Republic of Korea’s firm C&N VINA Tam Anh will start construction of its first industrial park (IP) in Tam An commune in the central province later this month, officials said.

The Chan May-Lang Co Economic Zone in the central province of Thua Thien-Hue has 39 valid licensed investment projects, accounting for a total investment capital of over 39 trillion VND ( 1.8 billion USD).

Amata Vietnam will host a ceremony in December to celebrate two decades of successful operations in Vietnam.

The Prime Minister agreed to concentrate on key development investments sourced from the State budget for 8 groups of coastal economic zones in the 2016-2020 period.

A high-quality diammonium phosphate (DAP) fertilizer plant, the second of its kind and the largest in the northwestern region, was inaugurated in Bao Thang district, the northern province of Lao Cai on November 7.

According to the Ministry of Planning & Investment, as of September, Vietnam had 299 industrial zones, covering a total area of 85,000 hectares. Of which, 212 have become operational with an average occupancy rate of 67%, up to 2% compared to the end of 2014.

People`s Committee of Vinh Phuc province on October 22 granted an investment licence to Japan’s Sumitomo Group to build Thang Long III Industrial Park.

The Dong Nai Industrial Zones Authority said that local industrial zones have attracted over 350 million USD of foreign direct investment (FDI) in October, including nearly 225 million USD invested in 11 new projects and over 126 million USD in five existing ones.

Positive measures such as the development of infrastructure and administrative reforms are seen as key factors that attracted investors to the Chu Lai Open Economic Zone over the past decade.

Investors will be eligible for attractive preferential policies when investing in industrial parks (IP) and economic zones (EZ) in the northern coastal province of Quang Ninh from October 10, according to the provincial People’s Committee.

Prime Minister (PM) Nguyen Tan Dung attended the ground-breaking ceremony of the seventh Vietnam Singapore Industrial Park (VSIP) in Vietnam, located in Hung Nguyen district in the central province of Nghe An, on September 16.

Authorities in the Mekong Delta province of Tra Vinh have agreed with their Binh Duong counterparts on building a Vietnam-Singapore Industrial Park, with three of its kind already formed in the country.

Ho Chi Minh City has granted investors a licence to develop the "Saigon Silicon City" in the Saigon Hi-Tech Park (SHTP).

Japan’s Showa Denko Group has worked in conjunction with authorities from the northern province of Ha Nam to design a plan to develop a clean vegetable production plant using LED lighting technology.

HCM City is targeting to lure 700 million USD of investment into its industrial zones and export processing zones in 2015, said the management board of the city’s Export Processing and Industrial Zone Authority (Hepza).

Though the Dung Quat Economic Zone (EZ) attracts 10 new investment projects every year, the same number of licenses are revoked each year.